Exam 1: Introduction to Project Management

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The project manager is normally directly accountable for the project results,schedule and budget.

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Cost management processes are involved in planning,estimating,budgeting,m financing,funding,managing and controlling costs so that the project can be completed within the approved budget.

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Operations consist of the ongoing work needed to ensure the organization continues to function effectively.

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Some projects are considered successful if they reap business benefits like increased profitability,even if completed late or over budget.

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The Project Management Body of Knowledge (PMBOK® Guide)published by the Project Management Institute identifies five process groups.Briefly identify and describe each of these five process groups.

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Project managers frequently face competing constraints.Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to succeed.

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Which of the following actions will likely cause a project to fail?

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Typically,the senior customer representative is responsible for which of the following project roles?

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Most projects are conducted with constraints on the amount of time and funding available to the project manager.

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Project plans and goals usually become more specific as early work is completed.

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Integration management represents the processes and activities to identify,define,combine,unify and coordinate the various processes and project management activities.

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Which of the following examples is NOT a typical or appropriate situation to employ project management?

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Contrast project management with operations management.How do these differences impact the approach required to manage a project successfully?

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Achieving project success is determined by all of the following EXCEPT:

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An important factor used to determine the phases in a project life cycle are the control needs of the organization(s)involved in the project.

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Which of the ten knowledge areas defined in the Project Management Body of Knowledge includes the activities of purchasing or acquiring products,services or results from outside the project team?

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In agile projects,the customer representative role is passive,and their involvement is typically limited to the early stages of the project.

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Stakeholder management is comprised of the processes to identify the people,groups,or organizations that could impact or be impacted by the project,analyze their expectations and impact,and developing strategies for engaging them and managing conflicting interests.

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A project is a temporary endeavor undertaken to create a unique product,service or result.

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Projects often require tradeoffs among all of the following EXCEPT:

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